Russian regional operator VolgaTelecom has selected Sberbank to open four non-revolving credit lines for a total of Rbs3.8bn (E97m).
The four credit lines will be open for a period of 36 to 60 months with interest rates set between 7.988% and 8.325% per…
Russian regional operator VolgaTelecom has selected Sberbank to open four non-revolving credit lines for a total of Rbs3.8bn (E97m).
The four credit lines will be open for a period of 36 to 60 months with interest rates set between 7.988% and 8.325% per annum.
The proceeds will be used to fund the company’s investment programme, make acquisitions and refinance current debt.
In addition to Sberbank, Volga-Telecom received bids from Alfa Bank and AKB Svyaz-Bank.
